October 6, 2010

MEGAN MCARDLE: “One of the most remarkable things I learned in writing about GM was that Ron Gettlefinger was totally blindsided by GM’s financial collapse. . . . In order for GM to thrive post bankruptcy, both management and the union need to have experienced the kind of deep, soul-searching change that usually only occurs at the end of ABC After School Specials. If either of them goes back to the old pattern of doing what is most expedient right at this second, the company is going to end up back in serious trouble. It’s harder to observe management in the short term; they don’t conduct their strategy meetings in public. But there are some troubling signs on the labor front.” The country’s in the very best of hands!

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